Zoom Video Communications Inc (Zoom) and its subsidiaries provide a video-first, unified communications platform that combines video, audio, phone, screen sharing, and chat functionalities. The company was incorporated in the state of Delaware in April 2011 and is headquartered in San Jose, California, United States.
Zoom's products include Zoom Meetings, Zoom Phone, Zoom Chat, Zoom Rooms, Zoom Conference Room Connector, Zoom Video Webinars, Zoom for Developers, and Zoom App Marketplace. As of 31 January 2020, the company had approximately 81,900 customers who employed more than 10 people. For the financial year end 31 January 2020, no individual customer represented more than 5% of the company's total revenue.
Zoom Video Communications Inc is listed on the NASDAQ under the code ZM.
Zoom Video Communications Inc (Zoom) operates through one operating segment, video communications services. The company generates revenue from the sale of subscriptions to its communications platform, which is colloquially know as Zoom. Subscription revenue is largely driven by the number of paid hosts as well as purchases of additional products, including Zoom Rooms, Zoom Video Webinars, and Zoom Phone. The company recognises a host as any user of its "video-first" communications platform who initiates a Zoom Meeting and invites one or more participants to join that meeting. For the financial year end 31 January 2020, Zoom generated USD 622.7 million in revenue.
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